Home > techcrunch > UK Government Plans East London Tech Cluster, Startup Visa, Review Of IP Law, £200M In Finance. What?

UK Government Plans East London Tech Cluster, Startup Visa, Review Of IP Law, £200M In Finance. What?

November 3rd, 2010 11:00 admin Leave a comment Go to comments

The British Prime Minister is expected to announce today that the East of London, which in the last three years has seen a 700% growth in tech companies starting up there, is to become an officially sanctioned startup ‘hub’ for the UK.

Although he will make a speech saying that London will be transformed into a “world-leading technology city to rival Silicon Valley” – a worthy but rather over-optimistic claim – there is some meat here. The government appears to have secured several commitments from companies including Google, Facebook, Intel and McKinsey & Co to invest in the long-term future of the area.

As is the way with PMs’ speeches, the media has been circulated an advanced copy. So among other things he is expected to say:

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Source: UK Government Plans East London Tech Cluster, Startup Visa, Review Of IP Law, £200M In Finance. What?

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